Manager, Finance

San Francisco Health Plan; San Francisco (CA); Hybrid; USD 140,000 - 175,000; Full time

Benefits offered by this job

Medical plans

Dental plan

Vision care

Retirement plans

PTO & holidays

Tuition reimbursement

Job summary

San Francisco Health Plan is seeking a Manager, Finance to lead a team focused on budgeting, reporting, revenue accounting, and coverage program accounting. You will oversee annual operating, capital, and enterprise project budgets and ensure regulatory financial reporting accuracy across all lines of business.

You will manage monthly/annual close, coordinating with external auditors and regulators, and drive process improvements while guiding staff development.

Qualifications

• Bachelor's degree in accounting or finance; equivalent experience considered.
• 5+ years of progressive accounting and financial reporting experience.
• Minimum of 3 years of people management experience in accounting/finance.
• Experience in a healthcare organization; managed care plan experience preferred.
• Experience with enterprise financial systems and implementation.

Responsibilities

• Lead budget, reporting, revenue accounting, and coverage program accounting for all lines of business.
• Oversee development and monitoring of annual budgets across operating, capital, and enterprise projects.
• Manage monthly/YTD variance analyses and present to Finance leadership.
• Coordinate regulatory financial reports monthly, quarterly, and annually; include medical loss ratio reporting.
• Lead rate development and bid submissions with actuarial and cross-functional teams.
• Oversee revenue recognition and reconciliations across programs.
• Coordinate month-end close with Accounting to support results.
• Develop and implement budgeting, forecasting, and internal controls improvements.
• Respond to data requests from external regulators and auditors.
• Mentor staff, set goals, plan workloads, and perform evaluations.

Skills

Budget management

Financial reporting

People management

Regulatory knowledge

Audit readiness

Education

Bachelor's degree in accounting/finance

Tools

ERP systems

Job description

Career Opportunities with SF Health Plan

A great place to work.

Current job opportunities are posted here as they become available.

Subscribe to our RSS feeds to receive instant updates as new positions become available.

Reporting to the Controller, the Manager, Finance leads a team of staff. This team is responsible for budget, reporting, revenue accounting, and coverage program accounting. They ensure the accuracy, and regulatory compliance of San Francisco Health Plan's (SFHP) financial plans and results. You will manage the team's daily work, sets priorities and workloads, and develops staff capabilities, and raising only complex or strategic issues for review. You will oversee the annual operating, capital, and enterprise project budgets, the preparation of required external regulatory financial reports, and the accounting for revenue and coverage programs across all lines of business. Through variance analysis, process improvements, and sound internal controls, the Manager provides financial information that supports decision-making by Finance leadership, department heads, and the Chief Executive Officer. You will represent Finance on initiatives and contributes to audit readiness and regulatory data requests.

Please note that while SFHP supports a hybrid work environment, you are required to be onsite and in-office a minimum of 4 days per month. This is a hybrid position, based in our Downtown San Francisco office.

Salary: $140,000 - $175,000 per year

WHAT YOU WILL DO:

• Lead the budget and reporting, revenue accounting, and coverage program accounting for all lines of business, including programs that SFHP administers as a third-party administrator.
• Oversee the development, implementation, and monitoring of the annual operating, capital, and enterprise project budgets, including review of departmental budget requests for conformance with annual guidelines.
• Manage the monthly and year-to-date analysis of actual results against budget and forecast, and present variance explanations and supporting analyses to Finance leadership and department heads.
• Oversee the preparation, review, and submission of required regulatory financial reports on a monthly, quarterly, and annual basis. This includes medical loss ratio reporting. Additionally, coordinate the team's contributions to annual financial report documents.
• Lead Finance's contributions to annual rate development and bid submissions, coordinating with actuarial consultants and cross-functional stakeholders.
• Oversee revenue recognition and review the supporting reconciliations and adjusting entries prepared by the revenue accounting lead for all lines of business.
• Oversee coverage program accounting, including general ledger activity, account reconciliations, month-end close activities, and financial reporting for each program.
• Coordinate month-end close schedules and dependencies with the Accounting function to support financial results.
• Recommend, document, and implement accounting policies, procedures, and internal controls for the budgeting, reporting, revenue, and coverage program processes.
• Coordinate team responses to requests from external auditors, the Department of Managed Health Care (DMHC), the Department of Health Care Services (DHCS), and other regulators.
• Manage the team by determining staffing needs, setting goals, planning workloads, resolving issues, conducting performance evaluations, and taking corrective action.
• Ensure recurring deliverables and projects are completed on time and cost-effectively, and implement corrective action when results fall short.
• Identify critical issues and financial trends, and recommend actions to Finance leadership.
• Develop and implement improvements to budgeting, forecasting, accounting, and reporting processes and systems.
• Conduct special financial analyses and respond to requests for data on current and proposed projects and programs.
• Represent Finance on cross-functional project teams, advise project sponsors and business leads, and partner with Finance leadership on enterprise project budgeting.
• Monitor changes in accounting standards and regulatory reporting requirements, and apply them to team processes.

WHAT YOU WILL BRING:

• Bachelor's degree in accounting, finance, or a related field, or equivalent combination of education and experience, required.
• 5+ years of progressive accounting and financial reporting experience, required.
• Minimum of 3 years of people management experience in accounting or finance, required.
• Experience in a healthcare organization, required; experience in a managed health care plan.
• Experience with enterprise financial systems and implementation.

WHAT WE OFFER:

• Medical: You'll have a choice of medical plans, including options from Kaiser and Blue Shield of California, heavily subsidized by SFHP.
• Dental: You'll have a choice of a basic dental plan or an enhanced dental plan which includes orthodontic coverage.
• Vision: Employee vision care coverage is available through Vision Service Plan (VSP).
• Retirement – Employer-matched CalPERS Pension and 401(a) plans, 457 Plan.
• Time off – 23 days of Paid Time Off (PTO) and 13 paid holidays.
• Professional development: Opportunities for tuition reimbursement, professional license/membership.

ABOUT SFHP:

Established in 1997, San Francisco Health Plan (SFHP) is an award-winning, managed care health plan whose mission is to provide affordable health care coverage to the underserved low and moderate-income residents in San Francisco County. SFHP is chosen by eight out of every ten San Francisco Medi-Cal managed care enrollees and its 175,000+ members have access to a full spectrum of medical services including preventive care, specialty care, hospitalization, prescription drugs, and family planning services.

San Francisco Health Plan is proud to be an equal opportunity employer. We are committed to a work environment that supports, inspires, and respects all individuals and in which our people processes are applied without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, marital status, age, disability, national or ethnic origin, military service status, citizenship, or other protected characteristics.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

San Francisco Health Plan is an E-Verify participating employer.

Hiring priority will be given to candidates residing in the San Francisco Bay Area and California.